Best Way to Upgrade Digital

I have over 3K CD's and I am building a new system & not sure what is the best way to set up my digital.  Should I get A DAC & CD Ripper or a CD/SACD?  I'm leaning towards a CD Ripper with a DAC, given the number of CD's I have it will make it easier to play them & store tehm.  I have an old Benchmark DAC1, should I use this with a ripper?  Or get a new DAC? Do I need to update my Benchmark DAC?  Or should I just get a CD/SACD?  Trying to keep cost under $1,200 if possible.  Technology is changing so rapidly, that I don't want to spend lots of $$ for something that may be absolete or wothless in a couple of years.  Any suggestions?? I do own a Blunode Streamer, sounds ok, hoping the CD's will sound better.